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thecsw / memeinvestor_bot

This bot can help you invest in memes and make a fortune out of it!
https://meme.market
GNU General Public License v2.0
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Meme Investment and Firm Suggestions from r/MemeInvestor_bot #350

Open thecsw opened 5 years ago

thecsw commented 5 years ago

Taken from this submission.

  1. Trader protection: When a firm trader is fired, the amount that they have earn for the firm since the last pay out will be returned to them. This is to prevent firms from hiring a bunch of traders, taxing them, and then firing them before the payout.

  2. Adjustable payout: Allows firms to adjust the amount of the firms money they payout per week. This allows money to be saved, and could allow traders to be paid a percentage, a flat salary or a commission based on how their investments went.

  3. Meme commodities: Because unlike stocks, reddit posts upvotes do not fluctuate, a meme commodity market could be introduced in addition to the current meme investing. Meme investing is essentially speculating whether a particular post will grow. This makes the investments more about the particular posts, which encourages users to just post memes instead of actual templates that work. This is a serious problem within the subreddit, which is for template discussion. Meme commodities would essentially be stocks whose value is based on how popular posts using a template are. A template that has posts that earn a lot of upvotes would have a higher value, where as a template that has fallen out of disuse would have a low value. Reformatted versions of memes would be a subsidiary of a meme, allowing for the success of the subsidiary to increase the value of the original template, but not vice versa. Users could buy, sell or short stocks in a meme economy. This would allow for investments to be more similar to stock trading, the investment in common jokes and punchlines (Termed memetic elements) in addition to templates, and an actually use for posts that are just memes (This would likely be best with an additional subreddit for posting just memes). The creation of meme commodities would not be handled by users or would be heavily regulated, or else several identical meme commodities would be made.

  4. Timed investments: Users should be able to state how long before their investment mature, defaulting to 4 hours. One could have a shorter investment period to get their money back faster, but has a risk of getting a lower payout, or one could have an investment for longer to get a larger payout.

  5. Firm Insurance: Firms should be able to give money to traders to cover losses when investing. There would need to be options to set how much is cover, what is cover, a maximum cut of for coverage, as well as these options being able to be set based on meme coin amount, % of loss and/or % of net worth

  6. Interest: Currently, there is little incentive to high tax rates, especially earlier in the week. If you keep the profits, those can be reinvested to grow your net worth. However, meme coins stuck inside a firm cannot grow, so it is tied up until the payout. Interest on the firm money compounded daily would help solve this problem, so higher tax rates would not go to waste

  7. More Financial Options: There should be more financial options for traders and firms. For example, loans or annuities. This would allow for more options to grow your meme coins, as well as more investing.

JPadley18 commented 5 years ago

I'm gonna take a shot at number 6, sounds like a great way to make use of tax rates.